95 Grandview Road, Paynesville

246,810m² Land
Price Undisclosed
Sold on 27th May 2022
Property Type: Land/Development

COASTAL DEVELOPMENT OPPORTUNITY (S.T.C.A.) IN BOOMING PAYNESVILLE

For Sale by Expressions of Interest closing at 4pm, 13th April 2022.
This important property located at 95 Grandview Road, Paynesville, holds a vital importance to the long term future and development of Paynesville. Situated on the western boundary of the coastal township of Paynesville on the popular and iconic Gippsland Lakes. The property is on two titles, one being approximately 3.701ha and the other, approximately 20.98ha. Having a total road frontage to Grandview Road of 513.28 metres (approximately) there are also three further access points which have access to Newlands Drive (a main thoroughfare). 95 Grandview Road, Paynesville, truly is a rare and exciting development opportunity (S.T.C.A.)
95 Grandview Road is currently zoned farm zone 1 under the East Gippsland Planning Scheme. The East Gippsland Shire Council have formally adopted the 'Paynesville Growth Area Strategy Plans' which proposes to see the extension of the Paynesville residential area out to include this parcel 95 Grandview Road. The East Gippsland Shire Council have indicated this change to incorporate the growth strategy into the planning scheme is currently underway.
To find out more, please contact the King & Heath Commercial team today